For SEC Filing Purposes: Filed under Rule 424(b)(2) Registration No. 33-57011 Pricing Supplement No. 12 Dated October 4, 1996 ------------------------------------------------ To Prospectus Dated April 24, 1995 and Prospectus Supplement Dated April 24, 1995 $200,000,000 ASHLAND INC. MEDIUM-TERM NOTES, SERIES G Due from 9 Months or More from Date of Issue Principal Amount: $5,000,000 (Total Principal Amount Issued to Date: $128,000,000) Original Issue Date: October 9, 1996 ------------------- Maturity Date: October 10, 2005 ------------------- Interest Rate: 7.10% ------------------- Redemption: Check box opposite applicable paragraph. [ x ] The Notes cannot be redeemed prior to maturity. [ ] The Notes may be redeemed prior to maturity. Initial Redemption Date: The optional Redemption Price on and after the Initial Redemption Date shall initially be % of the principal amount of the Notes to be redeemed and shall decline at each anniversary of the Initial Redemption Date by % of the principal amount to be redeemed until the Optional Redemption Price is 100% of such principal amount. Commission to be paid to agent: $27,500.00 DONALDSON, LUFKIN & JENRETTE -------------- SECURITIES CORPORATION For SEC Filing Purposes: Filed under Rule 424(b)(2) Registration No. 33-57011 Pricing Supplement No. 13 Dated October 4, 1996 ------------------------------------------------ To Prospectus Dated April 24, 1995 and Prospectus Supplement Dated April 24, 1995 $200,000,000 ASHLAND INC. MEDIUM-TERM NOTES, SERIES G Due from 9 Months or More from Date of Issue Principal Amount: $10,000,000 (Total Principal Amount Issued to Date: $138,000,000) Original Issue Date: October 9, 1996 ------------------- Maturity Date: October 9, 2006 ------------------- Interest Rate: 7.16% ------------------- Redemption: Check box opposite applicable paragraph. [ x ] The Notes cannot be redeemed prior to maturity. [ ] The Notes may be redeemed prior to maturity. Initial Redemption Date: The optional Redemption Price on and after the Initial Redemption Date shall initially be % of the principal amount of the Notes to be redeemed and shall decline at each anniversary of the Initial Redemption Date by % of the principal amount to be redeemed until the Optional Redemption Price is 100% of such principal amount. Commission to be paid to Agent. $60,000.00 -------------- For SEC Filing Purposes: Filed under Rule 424(b)(2) Registration No. 33-57011 Pricing Supplement No. 14 Dated October 4, 1996 ------------------------------------------------ To Prospectus Dated April 24, 1995 and Prospectus Supplement Dated April 24, 1995 $200,000,000 ASHLAND INC. MEDIUM-TERM NOTES, SERIES G Due from 9 Months or More from Date of Issue Principal Amount: $10,000,000 (Total Principal Amount Issued to Date: $148,000,000) Original Issue Date: October 9, 1996 ------------------- Maturity Date: October 9, 2006 ------------------- Interest Rate: 7.16% ------------------- Redemption: Check box opposite applicable paragraph. [ x ] The Notes cannot be redeemed prior to maturity. [ ] The Notes may be redeemed prior to maturity. Initial Redemption Date: The optional Redemption Price on and after the Initial Redemption Date shall initially be % of the principal amount of the Notes to be redeemed and shall decline at each anniversary of the Initial Redemption Date by % of the principal amount to be redeemed until the Optional Redemption Price is 100% of such principal amount. Commission to be paid to Agent. $60,000.00 -------------- For SEC Filing Purposes: Filed under Rule 424(b)(2) Registration No. 33-57011 Pricing Supplement No. 15 Dated October 4, 1996 ------------------------------------------------ To Prospectus Dated April 24, 1995 and Prospectus Supplement Dated April 24, 1995 $200,000,000 ASHLAND INC. MEDIUM-TERM NOTES, SERIES G Due from 9 Months or More from Date of Issue Principal Amount: $10,000,000 (Total Principal Amount Issued to Date: $158,000,000) Original Issue Date: October 9, 1996 ------------------- Maturity Date: October 15, 2007 ------------------- Interest Rate: 7.20% ------------------- Redemption: Check box opposite applicable paragraph. [ x ] The Notes cannot be redeemed prior to maturity. [ ] The Notes may be redeemed prior to maturity. Initial Redemption Date: The optional Redemption Price on and after the Initial Redemption Date shall initially be % of the principal amount of the Notes to be redeemed and shall decline at each anniversary of the Initial Redemption Date by % of the principal amount to be redeemed until the Optional Redemption Price is 100% of such principal amount. Commission to be paid to Agent. $60,000.00 BEAR, STEARNS & CO. INC. --------------